How Underwriters View Unsourced Funds In Mortgage Process
This guide covers how underwriters view unsourced funds while analyzing and reviewing a borrower. Unsourced funds have no paper trail,…
Comparison of Mortgage Rates on Purchase and Refinance
This guide covers comparison of mortgage rates on purchase and refinance loans. Mortgage rates have been steadily going up to…
Using FHA Loans For Self-Employed Borrowers to Buy a Home
In this blog, we will discuss and cover using FHA loans for self-employed borrowers on a home purchase. Using FHA…
Identity Theft Process During The Mortgage
This guide covers identity theft process during mortgage application process. Identity theft process is one of the fastest growing crimes…
How to Get a Home Loan With No Credit
Many people have no credit score. This can make getting a mortgage to buy a home harder. However, it’s not impossible. You can re-establish credit after bankruptcy or other serious credit problems. And if you have no credit score at all, lenders can approve you with a non-traditional credit report.
FHA and Conforming High-Balance Mortgage Loans
Traversing the landscape of mortgage loans can be an intricate voyage, presenting many options tailored to meet diverse financial requirements….
How To Get Approved For a Home Mortgage With Bad Credit
This guide covers qualifying for a home mortgage with bad credit. One of the frequently asked questions by our clients…
How Do I Qualify For Private Money Loan To Invest in Real Estate
This guide covers the frequently asked question how do I qualify for private money loan to invest in real estate….
Business Cash-Flow Analysis For Self-Employed Wage Earners
This guide covers business cash-flow analysis for self-employed wage earners. Positive business cash-flow analysis is critical to effectively managing every…
HUD Reserve Requirements and Guidelines on FHA Loans
HUD reserve requirements mandate maintaining reserves in specific scenarios, and it’s prudent for homeowners to voluntarily set aside funds for…
How To Get Your Ex-Spouse Off Your Mortgage After a Divorce
In this blog post, we’ll explore how to remove your ex-spouse from your mortgage following a divorce. Despite the overall…
Right of Rescission Mortgage Guidelines on Refinances
This guide covers the right of rescission mortgage guidelines on refinances. As we have seen interest rates drop over the…
Credit Score Guidelines Versus Overlays By Mortgage Lenders
This guide covers credit score guidelines versus overlays by mortgage lenders. There are two types of credit score requirements to…
FHA Loans In Las Vegas With Bad Credit
This blog will discuss getting approved for FHA loans in Las Vegas with bad credit and credit scores down to…
No Maximum VA Loan Limit Cap on VA Home Loans
This guide covers the topic of no maximum VA loan limit cap on VA home loans. There are no maximum…
AUS-Approval To VA Manual Underwrite Downgrade
When does an automated underwriting system approved file get downgraded to a VA manual underwrite downgrade on VA loans happen?…
How Does Rent-to-Own Homes Work?
In this guide, we will cover how rent-to-own homes work for homebuyers who cannot quite get traditional financing. When you…
Difference Between a Job Versus a Career As a Loan Officer
What is the difference between a job versus a career? Is my job a career? What is the difference between…
First-Time Buyer 3 Percent Down Payment Conventional Loan
What Are The 3% Down Payment Conventional Loan Requirements And Guidelines? Fannie Mae and Freddie Mac allow a 3% down payment on conventional loans for first-time homebuyers. A first-time homebuyer is a buyer who had no ownership of a home in the past three years.
Mortgage Case Scenarios of Borrowers With Bad Credit
This guide covers mortgage case scenarios of borrowers with bad credit and lower credit scores. If you have been following…
Home Mortgages | Home Purchase | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Regulations | Videos
How Qualified Mortgages Affect Borrowers and Lenders
This guide covers how qualified mortgages affect borrowers and lenders on residential loans. To avoid another 2008 financial crisis, Congress…
What Is The Benefit of Buying a House in California Versus Other States
This guide covers the benefit of buying a house in California versus other states. California reached record home prices Despite…
